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20121129
20121207
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KCSM (PBS) 4
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PBS
Dec 2, 2012 6:00pm PST
%. >> that is erskine bowles, who along with alan simpson shared the deficit reduction commission a couple of years ago. they are both in town trying to pound a sense at into elected leaders. evan thomas has been out of town promoting his book, "ike's bluff." terrific christmas present. >> thank you. >> as i recall, we were having the same composition we are having now. >> like groundhog day. talk about bluffing -- they will be complete unreasonable until the last second where they agreed. while they are bluffing, we could go over the cliff. >> where are we headed, mark? >> one side says that raising tax rates is an example, the other side says we will not balance the budget on the backs of students and seniors without asking those who make as much as i do not to pay another diamond. we are in the chest thumping a stage of this negotiation. we are interested in the product rather than the process. the process does the fact of the product and you don't want hostilities to make the final product unreachable. >> nina, there were a bunch of c.l.'s in town saying please do something so we can p
PBS
Dec 6, 2012 7:00pm PST
and deficit covering bonds are both debts. it could but the wrong economic policy to depends on the bonds and make the boj buy them. >> reporter: economists are also split on the issues. there's a lot the bank of japan can do. >> reporter: the boj can take a number of measures. one is to expand the balance sheet. the bank can buy more government bonds and even foreign bonds. another important step is for the boj to have a clear target for price increases. >> reporter: monetary easing alone cannot overcome deflation. >> defeating deflation is possible, unrealistic and not feasible and also destable ieid. >> what's needed to end japan's deflation and rescue japan out of its slump. >> deregulating medical industry, agriculture and maybe try to increase a number of immigrants. that'd be very important. collapse of the japanese markets that probably lead to a significant deposits. when it starts to fall out and banks cannot bjb's, interest will go up. that's how effects are huge. financial system may become really unstable. >> reporter: there's also different views. >> translator: if the
PBS
Dec 5, 2012 7:00pm PST
will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will take effect in the new year. >>> time to get a check on the markets now. the nikkei here in tokyo rose above the key 9,500 level as concerns about the u.s. economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal
PBS
Nov 30, 2012 6:30pm PST
deficit from 32% to 8.5% of gdp, and it is paying much lower interest on government bonds, and the irish economy is growing. only unemployment remains stubbornly high. in october, the jobless rate was still above the eurozone average at 14.7%, but in countries hard hit by the euro crisis, there were even more people out of work, and an increase, and employment is one of 25%. in spain, 26% were one in two young people is out of work. things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we will be taking a look at the problem of hiv/aids. >> and what is germany going to do with all its nuclear waste? stay with us for that. >> thanks for staying with us. >> welcome back. one of the consequences of the breakdown of public services in the wake of the economic crisis in greece is a sharp spike up people they're infected with aids. >> on the eve of world aids day, officials are warning infection rate could get
Search Results 0 to 3 of about 4